>> oh, i wish i would ask you that, if you can tell me when. i don't know. i think it's when an enlightened president with an enlightened attorney general says, "it's legal in all these states. we tax it. we regulate it. let's do it, and let's do it for the internet." >> put yourself ten years forward. you think people are gonna stop gambling? >> [giggles] >> seriously? >> never. >> do you think the internet's suddenly going to go away? so what are we going to do in ten years time, when this industry is ten times bigger than it is today? and i often say to people, "please give me one solid, plausible argument why you shouldn't regulate it." there's millions of arguments-- >> 'cause it's bad for you. >> is it bad for you? >> yeah, it's--it's-- >> to regulate it? if you regulate it, you control it. if you regulate it, you set limits. is that bad? when the comparator is, "ah, just let them do what they want," is that really bad? i don't think it is. >> since this story first aired, the u.s. offshore internet gambling market has only grown and, by some estimates, now exceeds $5.4 billion a year.